FBR Tightens Tax Audits
FBR to Intensify Tax Audits, Remove Market Value Column from Returns
Islamabad – The Federal Board of Revenue (FBR) is set to tighten audits of income tax returns filed by the business community, officials confirmed.
According to FBR sources, taxpayers who underreport their income, hide wealth, or submit false or misleading details will face strict scrutiny. Those paying lower taxes compared to the previous year are also likely to undergo tougher audits.
The move comes as part of FBR’s ongoing efforts to improve compliance and discourage tax evasion within the business sector.
Meanwhile, in a separate development, the FBR has removed the “estimated market value” column from the 2025 income tax return form. The decision was taken on the directions of Prime Minister Shehbaz Sharif, following recommendations from a high-level committee chaired by Federal Law Minister Senator Azam Nazeer Tarar.
The committee, which also included ministers, senior officials, and FBR members, reviewed the new column requiring taxpayers to declare the estimated fair market value of their movable and immovable assets. After deliberations, it was decided that the requirement should be withdrawn to simplify the filing process.
The FBR clarified that the column had been introduced only for data collection purposes to support the Economic Survey and had no impact on tax assessment or liability.
With the filing deadline set for September 30, 2025, the FBR has urged all eligible taxpayers to submit their returns honestly and on time.
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